Coinbase explores Bitcoin ETF with BlackRock – September 7

Current Bitcoin Price: $6451 (as of 7:30 AM PST)

For the most part, the market is flat-lining today. Bitcoin has changed in value less than a tenth of a percent, while the biggest mover among the top-20 — Dogecoin — is up only 5.6%. Only seven of those top-20 coins are down, and yet again it’s Ethereum — down 2.25% — that’s suffered the damage.

Among other top coins, there’s a trio of Bitcoin forks (Private, Dark, and Diamond) which are all down between 5 and 11% after recent hits. On the other end of the spectrum there’s Ontology, 25th by market cap, which is up more than 7%.

Top Bitcoin & Crypto News Stories for 7th September 2018

Coinbase explores Bitcoin ETF with BlackRock

Coinbase is a market leader in bringing cryptocurrency to the public. It’s the world’s most popular fiat-crypto exchange, and it’s open to expanding its offerings…

According to Business Insider, Coinbase is looking to explore the possibility of their own Bitcoin ETF, and they’ve called on Wall Street giant BlackRock to help.

“Hoqu” exit scam seems likely

Hoqu (HCX) raised $18 million in their ICO for an affiliate blockchain program, more than half a year ago, but since then things have gone quiet.

ShitcoinOffering.com has uncovered the coin as a scam, explaining how their now-closed communication portals and disappearing team can lead to only one conclusion.

Goldman CFO: rollback of crypto desk is “fake news”

In the last few days, news came out that Goldman Sachs would be rolling back plans to open a trading desk for digital currencies. Some even believe this had been the catalyst for this week’s huge price drops.

Goldman Sachs CFO Mr Chavez has announced at a TechCrunch conference that this was in fact “fake news.”